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Description

Teekay Corporation (Teekay), a Bermuda-based Company, is a provider of international crude oil and gas marine transportation services in Bermuda and internationally. It also offers offshore oil production, storage and offloading services, underLong-term, fixed-rate contracts. As of September 30, 2014, its fleet consisted of over 190 vessels, including chartered-in vessels, and newbuildings/conversions on. The Company has divided its operations into four areas: the shuttle tanker and floating storage and off-take (FSO) segment (included in its Teekay Shuttle and Offshore business unit), the floating, production, storage and offloading (FPSO) segment (included in its Teekay Petrojarl business unit), the liquefied gas segment (included in its Teekay Gas Services business unit), and the conventional tanker segment, consisting of the spot tanker sub-segment and fixed-rate tanker sub-segment (both included in its Teekay Tanker Services business unit).